Opinion · Supreme Court of the United States
First Interstate Credit Alliance, Inc. v. American Bank
First Interstate Credit All., Inc. v. Am. Bank, 488 U.S. 993 (1988)
- Type
- Opinion
- Court
- Supreme Court of the United States
- Jurisdiction
- Federal
- Date
- 1988-12-12
- Topic
- general
How later courts describe this case
- on the basis of which the 11th Circuit overruled a decision of M.D. Fla. relied upon by the district court in this case
- Bankruptcy trustee may recover from bank, under preferential transfer statute, certificate of deposit transferred as security
- district court may hear matters not raised in bankruptcy court if record is thorough
- pledge of assets in preference period constitutes a transfer
- Court allowed recovery under § 550(a)(1
Citator
UpLaw has not yet analyzed First Interstate Credit Alliance, Inc. v. American Bank. The absence of a flag is not a finding that it is good law.
- Cited by
- 32 opinions
C. A. 11th Cir. Certiorari denied.